First oil for Libra as 12-year charter begins

Morten M
Morten M – The Libra FPSO.

Teekay Offshore Partners’ floating production storage and offloading (FPSO) unit, the Pioneiro de Libra (Libra), has achieved first oil and started its 12-year charter contract with oil companies in the Brazilian market.

Its charter with oil companies, including Petrobras, Total, Shell, CNPC and CNOOC is on the Libra oil field, where it will perform early well tests.

The Libra FPSO unit is the first unit to produce oil on the Libra block, which covers more than 1,500 square kilometres in the Santos Basin. It is owned and operated by Teekay Offshore and Odebrecht Oil and Gas (OOG) through a 50-50 joint venture.

Converted from one of the partnership’s shuttle tankers at Sembcorp Marine’s Jurong shipyard in Singapore, Pioneiro de Libra is designed to operate at water depths of up to 2,400 metres, with a production capacity of 50,000 barrels of oil per day and daily compression capacity of four million cubic metres of gas.

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